Another AI-Based Security Startup Gains Funding

(NicoElNino/Shutterstock) Advanced data analytics and AI techniques such as cognitive intelligence and deep machine learning are finding new applications in the drive to understand and respond to a growing range of cyber security threats as they unfold. Among the latest AI startups to attract early investment backing is Los Angeles-based Armorway, which announced a $2.5 million seed funding round this week to be used to extend its AI platform. The patented technology is touted as delivering a range of analytics capabilities spanning descriptive, diagnostic, predictive and prescriptive analytics. The approach combines these tools with cognitive computing and deep learning to respond “dynamically” to a range of security threats, including insider attacks. The approach mirrors a growing number of cyber defense strategies that seek to detect network breaches and other security…